The demand for scar treatment market is anticipated to increase at 8.24% through to 2025

Sep 13, 2019 (The Expresswire) --
The global scar treatment market stood at $15 billion as of 2018 and leveraged a mounting demand which is anticipated to grow at a CAGR OF 10.3% during the forecast period of 2019-2025.

Skincare regimen is one of the prime focuses of the cosmetics industry and dermatology experts. The advent of modern technology and treatment procedures have transformed the scar healing and removal technique. It generates huge demand across the world, being an approach to enhance the physical outlook of the patients.Scar treatment marketcomprises of surgical and non-invasive methods of skin regeneration which simultaneously expedites the healing process and transforms the wounded skin surface to blemish-free healthy skin. Revolutionary and novel technology-induced skin treatments reverse the visible and deep damages instantaneously which is gathering the attention of the beauty conscious population throughout the world. The rapid shift from savings culture to spending culture, people are investing largely on skin treatments to retain and enhance natural appearance eventually increasing the future growth prospect of the scar deduction procedure which includes laser treatment, topical treatments, microneedling cosmetic treatment, and silicone treatment.This report covers scar treatment market size by Scar type and Market size by Treatment , scar treatment market share by top 5 companies and also the market share by start-ups during the forecast period.

In the year 2017, around 15,000 patients with burns and scalds were treated by the National Health Services (NHS) burns services which accounted for nearly $25.48 million.

-Children’s Burns Trust (CBT)

Also, the introduction of new medical treatments technology such as the minimal invasive VoluDerm radiofrequency scar removal device, point-of-care medication treatment, pulsed dye laser for removing several birthmarks, and micro-needling tool for treating the stretch marks on the skin, and retinol and glycolic acid incorporated topical medications offer a new paradigm to modern scar treatment procedures. The global scar treatment market stood at $15 billion as of 2018 and leveraged a mounting demand which is anticipated to grow at a CAGR OF 10.3% during the forecast period of 2019-2025. The topical solutions such as scar removal creams, lotions, and gels are gaining immense popularity across the world and the demand generated is anticipated to increase at 8.24% through to 2025. Also, the rise in organic trend is boosting the growth for natural ingredients included topical scar treatment products which are likely to acquire an upsurging demand in the forthcoming years.

North America is leading the global scar treatment market and contributed a huge regional share of 35% in the year 2018. Attributed by several key factors such as advanced cosmetic treatment facilities, increasing preference for improving facial appearance, and high accidental incidences aided the high-profit generation of the North American scar treatment market. There is an increase in social media interaction among the millennials in this region which creates scope for beauty competitions, fashion and aesthetical enhancements, and many more. Significantly, this tends to influence the visual appearance consciousness eventually propelling the growing demand for scar treatment methods. Centers for Disease Control and Prevention statistics reflect that an estimated 1,232,339 cesarean deliveries were conducted in the year 2017 in The U.S., which indicates the post-surgical scars and the need for its healing and removal treatments in this region. Consequently, the rising adoption of C-section delivery and other surgical procedures effectively uplifts the domestic scar treatment market demand in North America. As per the National Fire Protection Association, in the year 2016, nearly 14,670 people were injured in the fire accident occurrences in the United States. This statistic shows the resultant dependency rate on cosmetic treatments which aids them to maintain an ordinary lifestyle. Consequently, the North American scar treatment market leveraged huge revenue majorly induced by an increase in expenditure by the Americans on cosmetic plastic surgery which experienced an income of $16.5 billion as of 2018.

Increasing Skin Wounds And Trauma Driving Scar Treatment Demand:

Accidental burn, wounds, and surgical procedures are associated with deep lasting scars which often hinder social relations and cultivate appearance consciousness consequently developing mental trauma and anxiety disorders. The advent of modern medical accomplishment in cosmetic surgeries and scar treatment procedures have transformed the scar removal technique providing scope for moderate livelihood to these patients. According to the National Safety Council (NSC), globally, around 4.5 million people in car crashes suffered serious injuries in the year 2017. This is reflective of the resultant increase in the scar treatment market demand since post-recovery of accidental wounds correspond to the traumatic scars. Consequently, this necessitates effective solutions thereby upheaving the growth opportunity of scar treatment surgeries and medication. Growing millennial indulgence towards skin health management is a major driving factor that is making the scar treatment procedure as a primary solution to eliminating acne scars and common bruises. Simultaneously, this influences the demand generation of the scar treatment market. Increasing incidences of skin disease and abnormalities such as varicella and acne are accompanied by skin lesions, which contributes largely to the surging demand for scar treatment procedures. In the United States, nearly 150,000 to 200,000 people were affected by varicella (chickenpox) annually signifying the requirement for effective scar removal procedures positively affecting the scar treatment market economic income. In the past few years, there is a rapid increase in the scar treatment procedures owing to which around 1.37 million chemical peel procedures and 740,287 microdermabrasion treatment was performed in the U.S. as of 2017.

Innovation And Investment In Global Scar Treatment Market:

There is an increase in the incidences of painful keloid, and hypertrophic scars and burn contractures around the globe. As a result, modern medicine and technology are constantly collaborating to innovate novel treatment procedures significantly inducing the continual production of newer scar treatment products and devices. Huazhong University of Science and Technology has conducted research which concluded the innovation of a wound dressing method to promote the regeneration of healthy skin and prevent the formation of any scars on the skin and includes the treatment based on the biomaterial sericin hydrogel extracted from silk fibers. Hong Kong’s Polytechnic University developed a Smart Scar-Care pad for the treatment of hypertrophic scars which is an effective scar management procedure and combines the pressure therapy and silicone gel sheet wound treatment procedures. Other innovative contribution to the global scar treatment market includes anterior chemabrasion, non-invasive laser resurfacing, dermal gel fillers, Intensed Pulsed Light (IPL) photofacial, and scar care pen.

RenovaCare announced equity financing of $15.5 million by Kalen Capital Corporation for utilization in the clinical trials of its patented SkinGun technology. The SkinGun™ and CellMist™ are revolutionary scar treatment procedure by which a patient’s own stem cells are sprayed onto the affected area to accelerate the no scar wound healing process.

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